Category Archives: Petra Picks

Continuing with my series of powerful candlestick patterns, today we are going to be looking at the Engulfing Candlestick formation. With my proficiency in technical analysis, I am choosing to share key points that find to be the most useful … Continue reading →

I am going to show you how to ride the wave today… no not an ocean wave. I’m talking about trend trading… … you’ve heard it before: The Trend is Your Friend But what’s it mean?! Think about a car in … Continue reading →

Trading the stock market can be stressful. For whatever reason, when there is money on the line our body, mind and breathing patterns change. Stock prices fluctuate all over the place, information flows at a blink of an eye, and … Continue reading →

Here’s a look at a less talked about option in trading… LEAPS. Long-term equity anticipation securities (LEAPS) are publicly traded options contracts with expiration dates that are longer than one year. This is in contrast to traditional options, which usually … Continue reading →

Little bit of up, Little bit of down… Little gap here, Big gap there… Probably not the best trading conditions, right? So what’s all this chop mean for us going forward? While I don’t have a crystal ball, here are … Continue reading →

You can call it grit, moxie, spunk, tenacity, or just good old determination. But whatever you call it, a strong mindset is a necessary trait if you want longevity as a trader. If we lack confidence or are pessimistic—it will … Continue reading →

Here we go… two days into the month of October, and two days of big market losses to start the month off with a bang… What happened? Take your pick… to start the month off, on Oct. 1 manufacturing numbers … Continue reading →

Odds are when you think of Canada your mind goes to extreme politeness, hockey, snow, and maple syrup. However, Canada is actually bursting with potential… And when it comes to Canada… buying foreign stocks does not have to be a foreign … Continue reading →

Market internals are flaring up again… The SPY is at a critical level… It toyed with all-time highs for a week… I wanted to wait for a pullback before jumping in… Well, we have the pullback… what’s next? As we … Continue reading →

So many of you get zoned into the minute by minute and tick by tick moves of a stock price during the day… After all, we are day traders, right? No matter what time frame you trade in, there is … Continue reading →